Title: Valuation estimate for "Bit-Pay" ? Post by: payb.tc on August 20, 2012, 12:00:56 PM i am curious about several aspects of the business "bit-pay" and rather than ask steve directly, i thought i'd ask the forum to engage in some wild speculation instead:
and most importantly:
Title: Re: Valuation estimate for "Bit-Pay" ? Post by: Stephen Gornick on August 20, 2012, 12:36:07 PM
Incidentally, Paysius has many of the same features. - http://paysius.com Title: Re: Valuation estimate for "Bit-Pay" ? Post by: mc_lovin on August 20, 2012, 07:37:28 PM If they list the company on eBay, i'll make the first bid! :)
Title: Re: Valuation estimate for "Bit-Pay" ? Post by: SgtSpike on August 20, 2012, 07:44:37 PM
But, that said, since you want wild speculation... $1.5M $200k (done right) 3 months 24 labor hours a day, 2/3 could be automated, but (obviously) with increases in capital outlay Title: Re: Valuation estimate for "Bit-Pay" ? Post by: Kluge on August 20, 2012, 07:56:01 PM I'm going to disagree with SgtSpike, and post my own wild, baseless, counter-figures:
Worth $750k Cost $60k (~500-700 dev hours) Requires 8 man-hours per day to maintain (not improve!), with most of that involving customer emails. Title: Re: Valuation estimate for "Bit-Pay" ? Post by: payb.tc on August 21, 2012, 01:40:31 AM i wouldn't know what to guess for the current val, but i'd guess that $60k to create (for 'dev' hours) might be lacking in areas of security.
i guess that's why spike said 'done right' it would be $200k... i think more than half of that would be focused on security. ongoing costs would be a factor too... can't just have it up on some shared hostgator account :D Title: Re: Valuation estimate for "Bit-Pay" ? Post by: Elwar on August 21, 2012, 05:18:40 PM One hundred MILLION dollars!!!! Ahahahahaha!!!
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